AFP TiP Guide: What’s Next? A Practical Guide to Prepare for Change in 2023

By any measure, 2023 is shaping up to be a challenging year for businesses both in the U.S. and across the world. As the FOMC raises interest rates another 50 basis points in December 2022, expectations on continued rate increases persist. FX rates and commodity prices continue to experience heightened volatility, driven by the threat of recession and ongoing supply chain problems. Beneath these headlines, the treasurer’s environment continues to evolve, with ongoing innovations across treasury offering opportunities to improve treasury’s role and effect on overall financial management.